Latest China DCM news

• Redux or reset? Asian bonds show risks

  

  Asia’s offshore bond market has had a strong start to the year, moving past the doom and gloom that ended 2018. But there are already signs the difficult conditions that defined last year may only be around the corner.

  • 22 Jan 2019

• Everbright Water seals Panda amid market lull

  

  Everbright Water, a subsidiary of the state-owned China Everbright Group, has raised Rmb700m ($103m) from a five year Panda bond.

  • 21 Jan 2019

• R&F nets $300m from second 2019 outing

  

  Guangzhou R&F Properties has priced its second dollar bond of the year, capturing investors ahead of what is expected to be another busy week for Asia’s primary debt market.

  • 21 Jan 2019

• Country Garden hits $1bn target with dual-trancher

  

  Country Garden Holdings (CoGard) raised $1bn from a two-part deal, hitting its size goal and finding the money it needs to refinance some of its maturing debt.

  • 18 Jan 2019

• BOC Aviation scoops up $500m

  

  BOC Aviation took advantage of upbeat market conditions to raise $500m from a quick drive-by transaction.

  • 18 Jan 2019

• CMB Wing Lung lands tight pricing for AT1

  

  CMB Wing Lung Bank, the Hong Kong-based subsidiary of China Merchants Bank, has printed the year's first Basel III-compliant additional tier one note from Asia, taking $400m from a deal that was priced well inside analysts’ view on fair value.

  • 18 Jan 2019

• CDB lights up HK dollar market with rare triple-trancher

  

  China Development Bank has made a rare visit to the public Hong Kong dollar bond market, raising HK$4.3bn ($548m) from a triple-tranche floating rate transaction that included a 10 times covered decade-long note.

  • 18 Jan 2019

• China bond access hits terminal velocity

  

  Investors in Hong Kong, Singapore, and the US can now begin to trade onshore Chinese bonds through Bloomberg terminals. The new access channel should slowly boost liquidity in China’s secondary bond market, said onshore bankers.

  • 18 Jan 2019

• China’s Kangde Xin nears default on dollar bonds

  

  Kangde Xin Composite Material Group looks likely to be one of the first Asian issuers to default on a dollar bond in 2019, with missed payments onshore expected to trigger a cross default.

  • 17 Jan 2019

• Greenland joins peers to build $300m deal

  

  Greenland Holding Group has taken the first step towards refinancing its 2019 maturities, pricing a $300m bond in a busy period for Chinese real estate issuers.

  • 17 Jan 2019

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